TPCC Annual Report 2008.indd - HeidelbergCement
TPCC Annual Report 2008.indd - HeidelbergCement
TPCC Annual Report 2008.indd - HeidelbergCement
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Tanzania Portland Cement Company Ltd, <strong>Annual</strong> <strong>Report</strong> 2008<br />
28. Other statutory payroll remittances<br />
Other statutory payroll remittances include Pay As You Earn (PAYE), Skills and Development Levy (SDL). PAYE and<br />
SDL are payable by the Company to the Tanzania Revenue Authority (TRA) in accordance with the Income Tax Act. The<br />
amounts charged to the income statement in the year in respect of the Skills and Development Levy remittances are:<br />
TZS ‘000 2008 2007<br />
Skills and Development Levy 491,068 290,052<br />
The amount deducted from the employees’ salaries and wages in the year in respect of PAYE is:<br />
TZS ‘000 2008 2007<br />
Pay As You Earn 2,112,810 1,370,025<br />
At year-end the following amounts were payable to relevant authorities. These remittances have subsequently been<br />
paid.<br />
TZS ‘000 2008 2007<br />
Skills and Development Levy 123,106 38,132<br />
Pay As You Earn 521,381 162,416<br />
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